WORKS LIKE YOUR HOUSE .. buy it after someone else put their mark on it for £200k and over a couple years you put on a new roof, add a conservatory [ extension ] replace kitchen modernise bathroom redecorate etc. do gardens etc etc .... in 2 years average house prices rise by 10% [ being generous! ] you have spent £50k and house is valued at £300k OBVIOUSLY JUST A LOOSE COMPARISON but BCFC is now more modern, has additional property and various other attributes so SL MAY HAVE SPENT £200M but value likely to be £300-400m ! OF COURSE other things happening [ buildings etc ] so value will increase EFL however is not that interested in that! more of income o/a less expenditure over rolling 3 year period should not exceed a minus of £39m One thing I dont comprehend with that is that when it started it was £39m with inflation and etc's why is it still the same
Added to that, the new Sporting Quarter will undoubtedly increase the asset value of the organisation (Bristol Sport, not BCFC) quite considerably, so I don't think SL will worry too much about what he's already put into it, despite what some seem to suggest!! Agree totally about the inflation side of things. Surely there should be a 10% uplift at least?
maybe even more 20% -15% there was talk before Covid of 2 or 3 of our players art least being worth considerably more [ and players we were looking at [ or fans were ] to replace them. Look at Semenyo for instance talk was over £5m before Covid NOW is scraping £5m of course the ability to sell maybe 2 or 3 players in the past 2 season at pre covid prices would have maybe had us in the lost £5-10m. the monetary gain from all the other incomes vendors etc were lost as well .. although maybe only for 23-25 games a year that is quite a few £m
I think Lansdown is very clever how money is spent away from the playing side of the club He’s rich man for a reason and that probably includes using every trick in the book to fund stuff and avoid taxation It may be immoral but I won’t hold it against him as we’d all do the same I suspect ?
tax avoidance and tax evasion, so similar to all intents and purposes, just a matter of the class of accountant you can afford.
phrased more politely by HMRC [ self assessment form ] is the Q ARE SUBMITTING WITH OR WITHOUT !....lol
